---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-010930"
form_type: "8-K"
ticker: "RBB"
cik: "0001499422"
company_name: "RBB Bancorp"
filed_at: "2023-04-24T23:59:59+00:00"
generated_at: "2026-06-16T18:48:53.318657+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# RBB Bancorp Q1 net income $11.0M ($0.58 EPS) down from Q4; appoints new directors

## Summary
- Net income $11.0M, diluted EPS $0.58 vs $0.92 in Q4 2022 and $0.74 in Q1 2022.
- Net interest margin 3.70% vs 4.26% QoQ; noninterest expense up $4.8M to $18.9M on legal/professional fees.
- Deposits grew 5.8% ($173.4M); loan-to-deposit ratio improved to 106% from 112%.
- Board appoints Robert Franko (former FCBP CEO) and Scott Polakoff (former FDIC regional director) effective April 20.
- Dividend unchanged at $0.16 per share, payable May 12 to shareholders of record May 1.

## SEC filing metadata
- accession: 0001437749-23-010930
- form_type: 8-K
- ticker: RBB
- cik: 0001499422
- company_name: RBB Bancorp
- filed_at: 2023-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1499422/000143774923010930/0001437749-23-010930-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1499422/000143774923010930/rbb20230302_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-010930
- JSON: https://secwatch.observer/filing/0001437749-23-010930.json
- Plain text: https://secwatch.observer/filing/0001437749-23-010930.txt

## Key facts
- Earnings Releases
  RBB Bancorp reported quarter ended March 31, 2023 results: net income $11.0 million, EPS $0.58.
  - Period: quarter ended March 31, 2023
  - Net income: $11.0 million
  - EPS: $0.58
  - Result: reported results
  source text: RBB Bancorp Reports First Quarter 2023 Earnings Los Angeles, CA, April 24 , 20 23 – RBB Bancorp (NASDAQ:RBB) and its subsidiaries, Royal Business Bank (“the Bank”) and RBB Asset Management Company (“RAM”), collectively referred to herein as “the Company,” announced financial results for the quarter ended March 31, 2023. The Company reported net income of $11.0 million, or $0.58 diluted earnings per share, for the quarter ended March 31, 2023, compared to net income of $17.6 million, or $0.92 diluted earnings per share, and $14.6 million, or $0.74 diluted earnings per share, for the quarter ended December 31, 2022 and March 31, 2022, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1499422/000143774923010930/0001437749-23-010930-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.